Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    909 Walnut Dr Norwalk, IA 50211

    For Sale
    $84,900

    0.42-acre residential lot in Norwalk, IA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.42-acre residential lot is situated in the desirable Sunset Estates Plat 2 development in Norwalk, Iowa, a thriving suburb of Des Moines. Priced at $84,900, this property offers a fantastic opportunity to build your dream home in a vibrant and growing community. Located at 909 Walnut Dr, Norwalk, IA 50211 (41.470047, -93.6974154), the lot is part of a planned community with 40 residential lots, ensuring a cohesive and family-friendly neighborhood. Norwalk's strategic location provides easy access to the amenities and opportunities of Des Moines while maintaining a small-town feel. The land value is calculated at $202,143 per acre, reflecting the high demand for residential properties in this area. This is a rare chance to secure a prime building lot in a sought-after location, perfect for those seeking a new home in a thriving community. Don't miss this opportunity to build your future in Sunset Estates. The property is zoned for residential use and is ready for immediate development. Utilities are available, and the lot is relatively flat, making construction straightforward. This is an ideal location for families seeking a peaceful yet convenient lifestyle. The community offers a strong sense of belonging and is known for its welcoming atmosphere.

    Property Features for 909 Walnut Dr

    General Information

    Property type
    Land
    Lot Size
    18,295 SF

    HighLights

    • 0.42‑acre residential lot in desirable Sunset Estates Plat 2, Norwalk, IA.
    • $84,900 asking price.
    • Located at 909 Walnut Dr, Norwalk, IA 50211.
    • Ready for immediate development with available utilities and a relatively flat lot.
    • Zoned residential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Gym & Fitness Building Supply Hotel & Motel Wholesale Shop Kitchen & Bath Auto Repair Shop Carpet & Flooring Store Mobile Phone Store Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Warren
    State
    Iowa
    Longitude
    -93.6974154
    Latitude
    41.470047

    Nearby Similar for Sale

    • $419,900
      0.16 Acres

      Downtown Norwalk Commercial Building For Sale

      Charming brick building with three commercial units and office spaces.
      810 Main St, Norwalk, IA 50211
      View Details
    • $299,000
      Pending

      Norwalk Commercial Building on 1 Acre

      6,000 sq ft commercial building on 1 acre lot.
      9120 SW 9Th St, Norwalk, IA 50211
      View Details

    FAQs

    What type of property is this?
    Land - 0.42-acre residential lot in Norwalk, IA.
    Where is this land located?
    The property is located at 909 Walnut Dr Norwalk, IA.
    What is the asking price?
    The asking price for this property is $84,900.
    What are key features of this property?
    This property features: 0.42-acre residential lot in desirable Sunset Estates Plat 2, Norwalk, IA.; $84,900 asking price.; Located at 909 Walnut Dr, Norwalk, IA 50211.
    (515) 334-3345
    Request Owner's contact information
    909 Walnut Dr Norwalk, IA 50211
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    909 Walnut Dr
    Norwalk, IA 50211
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    909 Walnut Dr Norwalk, IA 50211
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.